Originally Posted by
Hipennine
The article says "profit after tax for the year was £12.8m, which includes technical accounting for a non-cash revaluation of assets,"
In other words, not a real profit.
The full accounts (
https://www.glasgowprestwick.com/wp-...nal-signed.pdf) have an 'Operating Profit before Exceptional Items' of £0.5m.